FoundersCard Review – Is It Worth It? [2021]

FoundersCard with wallet and tablet

We may be compensated when you click on links from one or more of our advertising partners. Opinions and recommendations are ours alone. Terms apply to offers below. See our Advertiser Disclosure for more details.

The FoundersCard is an interesting beast. In a world of credit cards, points, and miles, the FoundersCard can seem a little lost. It isn’t a credit card — you can’t use it to pay for things — and it’s not going to earn you any points and miles. But it has a number of intriguing benefits that may make it worthwhile to the savvy traveler.

FoundersCard styles itself as a “lifestyle” card catering to small businesses. What does this mean, exactly? Well, it charges a hefty annual fee, and in return you get a number of benefits, including things like hotel elite status, cheaper airline tickets, and even cell phone plan discounts.

In this guide we’re going to break down all the different perks you’ll receive as a FoundersCard holder and whether it’s worth the expensive annual fee.

What Is the FoundersCard?

As we mentioned above, the FoundersCard is a membership card that grants you access to a number of elite statuses and discounts, and even a few free things. Within the world of points and miles it’s certainly unique because, although it offers many of the benefits granted via premium travel credit cards, it is not in and of itself a credit card.

That’s not to say that it can’t offer value, however, and especially if you’re averse to owning credit cards, the FoundersCard can be an option to receive some of those high-end lifestyle perks anyway.

Interestingly, the FoundersCard isn’t just open to everybody — you’ll have to apply for it just like any other card and approval is not instant. It can take up to 2 business days to hear back regarding your application.

Founderscard application submitted
Image Credit: FoundersCard

How Much Does the FoundersCard Cost?

This depends. The published annual fee for the FoundersCard is $595 per year with a $95 initiation fee, which is pretty high. However, if you can properly take advantage of the benefits FoundersCard offers, it’ll more than pay for itself.

What Benefits Does the FoundersCard Offer?

The FoundersCard actually offers tons of different benefits, although you can’t view them directly on its website unless you’re a member. Instead, you’ll need to sign up for a “preview,” and FoundersCard will send you an email with a link to its benefits page.

That’s a hassle, so we’ve collated all of the benefits we think are most useful, broken down by each category. Let’s take a look.

Hotel Benefits

Hotel del Coronado Curio Collection by Hilton exterior
Gold elite status entitles you to room upgrades, even at Hilton’s famed Hotel Del Coronado. Image Credit: Hilton

Most cardholders will probably find their true value in the FoundersCard’s excellent benefits for hotels:

  • Hilton Gold Status — Gold status includes free breakfast, increased bonus points, room upgrades, early check-in, late checkout, and complimentary premium internet.
  • Marriott Platinum Elite Status Challenge — After 15 paid nights in a 90 day period, you’ll receive Platinum Elite status that includes free breakfast, room upgrades, increased bonus points, early check-in, and late checkout.
  • Hotel Chain Partnerships — These partnerships will get you discounts and special privileges (like free breakfast) at certain properties:

Now, you may be wondering if the benefits mentioned above are actually any better than what you can with any other statuses and credit cards you have. The answer is yes — they definitely can be.

Let’s take a look at the Waldorf Astoria Las Vegas. Here’s the standard member rate when booking a basic room at the Waldorf:

Waldorf Astoria Las Vegas Hilton site
Image Credit: Hilton

$1,000 for 3 nights is pretty steep. At this rate, you won’t receive any additional benefits unless you’re a Hilton Honors elite member.

Fortunately, this hotel also happens to be on Amex’s Fine Hotels & Resorts (FH&R) page. If you’re not familiar with FH&R, it’s a program available to those who hold Amex’s premium cards, including The Platinum Card® from American Express and The Business Platinum Card® from American Express. Its main attraction lies in the additional benefits it’ll give you, which include room upgrades, early check-in, late checkout, and a property amenity (usually something like a $100 food and beverage or spa credit). In this case, they’re offering a $125 property credit. 

Here’s the same stay on Amex’s website — the Waldorf is currently offering your third night free via FH&R:

Amex Fine Hotels and Resorts Waldorf Astoria Las Vegas rates
Image Credit: American Express

As you can see, you’ll get a pretty significant discount via Amex, especially when you consider the property credit. Unfortunately, bookings with Amex are considered third-party and thus are not considered eligible to earn bonus points or elite night credit, nor will your elite status with the hotel be recognized (some people have still had success with this, but your mileage may vary).

Now let’s take a look at the rate for FoundersCard members:

Foundercard Waldorf Astoria Las Vegas
Image Credit: Hilton

FoundersCard rates include a $25 per day property credit and reduced daily resort fees ($39 vs. $45). Your total out-of-pocket cost will be less with FoundersCard, but the amount of property credit you’ll receive on a 3-night stay is $75 vs. $125 with Amex.

The most important thing to note here is that this rate is bookable via Hilton’s website. That means it’s eligible for all elite night credits and bonus point earnings. Your Hilton Honors elite status will also be recognized, which entitles you to free breakfast, room upgrades, etc. That’s well worth the slightly reduced property credit.

This is true for all the hotel chains that have partnered with FoundersCard. Stays at The Ritz-Carlton will earn you Marriott Bonvoy points, stays at the Park Hyatt will earn you World of Hyatt points, etc. This is especially valuable if you’re trying to chase elite status with any of these hotel chains.

Booking Hotels Using Shopping Portals

Another big benefit to booking hotels using the FoundersCard rate is that because you’re booking directly on the hotel website you’ll be able to go through a cash-back portal to earn extra rewards on your purchases.

CashBack Monitor is a great website to check which portals are offering the highest return, and you’ll often see increased bonuses for holidays or other special events. If it’s available, Rakuten is an especially good site to use since it allows you to earn American Express Membership Rewards rather than straight cash-back, effectively doubling the value of your return since we value Amex points at 2.2 cents each.

As an example, at the time of writing, Rakuten is offering 2.5% cash-back on hotels booked with Hilton. On the above stay, you’d earn $19.10 in cash by booking with FoundersCard. If you choose, however, to earn Amex points, you’d receive 1,910 points, which we value at $42.02. This isn’t something you’d be able to do when booking via Amex’s website.

Caesars Rewards Diamond Elite Status

Las Vegas Strip Paris Bellagio Caesars
Caesars Diamond status can save you big bucks in Las Vegas. Image Credit: Stephen Leonardi via Unsplash

Apart from the above-mentioned hotel benefits, there’s actually 1 other perk FoundersCard offers that can be vastly more valuable.

As a FoundersCard holder, you’ll receive complimentary Diamond elite status with Caesars Rewards. We’ve talked before about why Caesars elite status is so valuable, but here’s a quick breakdown:

  • Complimentary 4-night stay at Atlantis, Paradise Island in the Bahamas
  • Complimentary valet and self-parking
  • Waived resort fees on all hotel stays
  • 15% off best available room rates
  • 2 free show tickets each month
  • Priority lines at hotel check-in, restaurants, the Caesars Rewards Center, and casino cages
  • 72-hour guaranteed room availability
  • $100 annual celebration dinner
  • 20% discount at casino shops
  • 20% discount on Norwegian cruises
  • Access to the VIP reservation phone line
  • Access to the Laurel Lounge (will cost 1,000 Reward Credits per entry)

If you’ve ever had the opportunity to visit Las Vegas, you’ll know how valuable waived resort fees and complimentary parking can be — especially since the rates for each hover around $40 per night. That’s $80 a day you’d save as a Diamond elite member!

And while there are definitely additional charges associated with your free stay at the Atlantis, Paradise Island, you can save over $1,000 on your stay, where room rates hover around $200 per night:

Atlantis Paradise Island hotel cost
You’ll still be on the hook for resort fees, but your room will be free! Image Credit: Atlantis, Paradise Island

The $100 celebration dinner is valid at tons of Caesars restaurants, too, and not just in Las Vegas. This is a great way to treat yourself to a nice dinner without feeling guilty.

Having elite status with Caesars also means you can status match over to the following chains:

  • Caesars U.K. — Diamond Caesars members can match their elite status to Caesars U.K.
  • Eldorado — Eldorado and Caesars also have a reciprocal partnership; you can link and match your Caesars status to both Fan Club and Club GVC
  • Turning Stone — Diamond elite members can match their statuses over to Turning Stone Resort Casino for Onyx status
  • Wyndham — Caesars and Wyndham have a reciprocal partnership, which means you can match your Caesars Diamond status directly over to Wyndham Rewards Diamond elite status

Bottom Line: The hotel benefits offered by FoundersCard can be extremely valuable, especially if you take advantage of your Caesars Diamond elite status.

Airline Benefits

United Boeing 787 Dreamliner Polaris Business Class Empty
The FoundersCard offers discounts on several big airlines, including United. Image Credit: Chris Hassan

Depending on how often you fly, you may be able to find some real value out of the benefits FoundersCard offers. These are mainly small discounts on airlines, though a recent addition means you’ll get 2 different elite statuses thrown into the mix.

FoundersCard is also known for its regularly offered status challenges with different airlines, which will help fast-track you to elite status. Just recently, for example, FoundersCard and American Airlines held a status match challenge for cardholders.

Airline Discounts

  • British Airways — Up to 10%
  • Cathay Pacific — Up to 15%
  • Qantas Airways — Up to 25%
  • Singapore Airlines — Up to 15%
  • United Airlines — Up to 8%

Airline Elite Status

Rental Car Benefits

There are a few different benefits for rental cars, though rental car companies are a sort of hit-or-miss when it comes to renting directly. These benefits may score you a discount over the standard rate, but other websites, such as Autoslash, may be able to find you an even cheaper rate — and though you won’t get a free upgrade or bonus points, the price difference is often stark enough to make up for it.

Hot Tip: Pay for your car with a credit card that offers rental car insurance to save a bunch of money.

Small Business Benefits

Like we said before, the FoundersCard is targeted towards small-business owners, and that’s obvious when you take a look at the benefits it offers for small businesses. There are tons, but here are a few highlights:

  • 20,000 fee-free dollars with Stripe
  • 40% off Dell everyday products
  • Up to 40% off select Think and Lenovo products
  • 50% off the first annual subscription of Salesforce Essentials
  • Up to 47% off UPS shipping
  • Save 20% on Shopify plans
  • Up to 55% off at Office Depot
  • 1 year complimentary of‘s Basic Users Plan
  • 30% off plan upgrades for the first 12 months at Slack
  • $150 off the first month of any plan for new signups at Zirtual, and an ongoing 10% discount
  • Waived membership fees for Fiverr’s Business Platform Membership for 2 years
  • 6 months free of Zendesk Support and Sales CRM
  • 40% off Dropbox Business or Plus annual subscription
  • 50% discount on a 2x weekly Oasis membership from Industrious
  • 20% off Image & Footage Subscription Plans at Shutterstock
  • $500k in revenue for free on the Chargebee Launch Plan at Chargebee

Miscellaneous Benefits

Wheels Up private aircraft
Image Credit: Wheels Up

Most of the remaining benefits are lifestyle benefits — things that’ll make your life easier, like free fitness classes and discounts at certain stores. Here are a few of the best:

  • 15% off the monthly service charge of qualified personal wireless plans or up to $10 off per line, each month, for the Unlimited Elite plan at AT&T
  • Complimentary TripIt Pro Membership for 1 year
  • Up to 15% of Carey car service
  • 30% to 45% discount on Medjet Memberships
  • 15% discount at Sonos and Bang and Olufsen
  • 30% discount at Adidas and Reebok
  • 20% off the monthly membership at obé fitness
  • Wheels Up Connect Membership for $1,995

FoundersCard Elite

FoundersCard Elite
Image Credit: FoundersCard

FoundersCard also has another level of membership — the FoundersCard Elite card offers additional benefits which may make it worth picking up — for at least 1 year. According to published pricing, the cost of upgrading your membership is $595 per year, but reports showed that FoundersCard will actually offer this for $295 and this was our experience as well. So what do you get for that extra cash?

  • Omni Select Guest Platinum elite status good for 1 year, offering room upgrades, evening turndown, late checkout, double earnings for award nights, and more
  • Hertz President’s Circle elite status
  • Avis President’s Club elite status
  • VIP hotel upgrades and amenities
  • $50,000 in fee-free payments on Stripe
  • 10 hours per month in concierge services
  • $5,000 in Amazon Web Services (AWS) Activate credits
  • 25% off Bang and Olufsen
  • Complimentary companion FoundersCard membership

The most intriguing benefit here is the free companion card. These cards are full-blown membership cards, which means whoever you give it to is going to get all the same benefits as you. This means they’ll have Caesars Diamond elite status, Cathay Pacific Marco Polo Club Silver status, Virgin Atlantic Flying Club Silver status, and more.

Why is this important? Well, whether you choose to keep your elite card or not, your companion will have had the chance to match their Caesars Diamond status to Wyndham Diamond. Many lamented last year when Wyndham’s extremely generous status match program ended, meaning that the only way to acquire Wyndham/Caesars Diamond statuses was via credit card or actual hotel stays. The FoundersCard is a way around that.

Hot Tip: Once Caesars and Wyndham statuses have been matched, that elite status is permanent — so long as you time it correctly.

This means that for your $295 you’ll get a spare $100 celebration dinner and a 4-night stay in the Bahamas each year. Forever.

Don’t you want to go wild in Vegas with $200 in free dinners? How about combining your hotel stays for 8 free nights in the Bahamas every year? Then snagging the FoundersCard elite membership for at least a year is probably worth it.

Atlantis Paradise Island
You and your player 2 can combine hotel stays for 8 free nights each year at Atlantis, Paradise Island. Image Credit: Marriott

You can also opt to skip the FoundersCard Elite option and choose to instead pay $495 for a lifetime significant other membership. This is a 1-time fee and gives your Player 2 a free FoundersCard as long as you hold yours.

Is the FoundersCard Worth It?

We’ve outlined some of the biggest benefits here, but there are plenty more that the card offers. Of course, none of that means anything if you can’t extract any value from the perks. If you’re a small-business owner who is already using some of the services FoundersCard discounts, this card is a no-brainer.

The question becomes a little more difficult to answer if you’re not doing much business and even murkier if you already hold several credit cards that grant you similar benefits.

On the other hand, if you’re an AT&T user, plan on flying with a Oneworld airline sometime in the next year, want to combine discounted Dell products with a Dell statement credit, or think you can swing the Virgin Atlantic Silver or Gold elite status, there is a lot of value to be had here.

FoundersCard Alternatives

If you’re not feeling the FoundersCard, there are still ways you can get a lot of these benefits via credit cards that stack up pretty well against the FoundersCard for hotel and rental car benefits:

Final Thoughts

The FoundersCard isn’t a card for everyone — and it’s not meant to be.

Some will undoubtedly wonder why you’d pay an annual fee for a card that won’t even earn you points and miles, but the honest truth is that if you can make use of even just a few of these benefits, the FoundersCard can certainly be worth your time.

Whether you’re looking for free room upgrades, airline discounts, or fee-free payments via Stripe, FoundersCard is there to help you out, all packaged nicely in a luxurious metal card.

The information regarding the FoundersCard, Hilton Honors American Express Surpass® Card, Wyndham Rewards® Earner℠ Business Card, and United Club℠ Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer. 

Frequently asked questions

Is the FoundersCard worth it?

If you can make use of just a few of the FoundersCard’s benefits, it can definitely be worth the annual fee.

What is the FoundersCard?

FoundersCard is an application-only membership card that offers high-end lifestyle and travel perks along with small business benefits.

What is FoundersCard Elite?

FoundersCard Elite is the highest tier of FoundersCard and provides a number of increased benefits, including more elite status options and a free companion card.

How do I cancel my FoundersCard?

You’ll have to email FoundersCard and cancel your membership in writing.

Is FoundersCard a credit card?

Although it has an annual fee, the FoundersCard is not a credit card. You can’t use it to make purchases or earn points, though it will give you elite statuses and perks like some premium travel credit cards.

Carissa Rawson

About Carissa Rawson

Carissa is a native Californian whose taste for travel began during her seven years in the US Air Force. A former Arabic translator, her first serious journey overseas was to Jordan, where a six month deployment taught her a lot about people and a little about award travel. What started as a curiosity quickly became an obsession, and soon she had launched her own website teaching others how to travel for free.

Travel prices are about to surge from pent-up demand.

Use this points strategy to lock in pennies-on-the-dollar pricing in 2021, all without being a frequent flyer...

How do I only pay $30 to go to Hawaii, $200 for business class to Asia or just $150 to Europe?

Discover the real-life strategies that anyone can use to enjoy limitless travel (even on a limited budget!)

Just sign up below and I’ll send you the Limitless Travel Playbook instantly:

We respect your privacy. Please view our privacy policy here.

Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.


  1. Can you please elaborate on the hot tip?
    “Once Caesars and Wyndham statuses have been matched, that elite status is permanent — so long as you time it correctly.
    This means that for your $295 you’ll get a spare $100 celebration dinner and a 4-night stay in the Bahamas each year. Forever.”

    I’ll sign up for sure if that it’s true…



  2. “$100,000 in Amazon Web Services (AWS) credits”

    That isn’t true. If it were, everyone would get this card and mine crypto on AWS lol.

    No other website is mentioning this perk. I don’t know where you got it from.


    • Hi Nick,

      That you for pointing out that error. The correct number is $5,000 in AWS credits, so we’ve updated the post to reflect that.


  3. The benefits need amending now, you do not get diamond elite, you get basic diamond, and it does not include the Atlantis paradise island. here is the fineprint…

    Please Note: Caesars Bluewaters Dubai and Atlantis Paradise Island benefit only valid for earned Tier Status (Diamond members earning at least 15,000 Tier Credits previous or current year). Diamond members that have earned less than 25,000 Tier Credits in 2021 may be charged for entry to Laurel Lounges. Diamond members that have earned at least 25,000 Tier Credits in 2021 and Seven Stars members will receive complimentary access.


    • The Fine Print
      Diamond upgrade valid through January 31, 2022. This upgrade does not include Diamond Plus or Diamond Elite benefits, and does not grant you tier credits.


    • Hi Matt,

      We see where you are coming from, but strangely enough from what we can tell, it seems that the Founderscard website is wrong. The actual Caesars T&C disqualifies the Dubai benefit, but not the Bahamas. Data points from other sites specifically include the Bahamas and nowhere else on the internet except for the FoundersCard blurb says anything about the Bahamas being unavailable.


Any thoughts or questions? Comment below!

Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. This site does not include all credit card companies or all available credit card offers that are on the market. Click here to see a list of advertisers that we work with.